It is an outline of Investment Banking for Dummies. Simply put, an Investment bank is an institution that helps other corporations and businesses with various business-related activities. It acts as a financial intermediary, performing multiple functions like underwriting, mergers, acquisitions, fundraising, Initial Public Offering, corporate reorganizations, restructuring, a financial adviser for institutional clients, etc. Who is an Investment Banker? From nearly being wiped out in 1929 to reaching the pinnacle of global finance, this book showcases how the firm has thrived by fostering a distinct company culture focused on finding creative solutions to problems by always focusing on their customer.

So, what are you waiting for? The world of investment banking is fascinating, and waiting for you to dive in. When you understand how Wall Street works, you’ll know how to make investment banking work for you, instead of getting worked over by the world’s biggest banks. Flip through the book, and start reading anywhere you see something interesting! Part 1 Getting Started with Investment Banking IN THIS PART … Trading income: Investment banks usually handle other people’s money. But many investment banking operations also include a trading division. This unit attempts to take advantage of temporarily mispriced financial instruments. This high-risk proprietary trading is designed to generate profits for the firm. The book covers all the crucial topics required to understand the fundamentals of the industry, including:

5. Investment Banking Explained: An Insider’s Guide to the Industry

First published in 2011, Liaw goes over how the investment banking industry changed after the 2008-2009 financial crisis, especially after 3 of the top 5 investment banks disappeared. In addition, it discusses options for professionals looking to enter the field or advance their careers in the post-2008 era. Chocolate factories need milk, sugar, and cocoa to produce their delicious products. But the raw materials used by many investment banking firms is the information contained on the financial statements. These documents released by companies provide investment bankers with much of the information they need to start analyzing companies and looking for investment banking opportunities. Written in the straightforward and approachable tone the For Dummies series is known for the world over, authors Matthew Krantz and Robert Johnson have created an indispensable resource for students and professionals new to investment banking. Written in the straightforward and approachable tone the For Dummies series is known for the world over, authors Matthew Krantz and Robert Johnson have created an indispensable resource for students and professionals new to investment banking. Bank loans: Commercial banks are in the business of lending to companies that need capital. Periodically, a bank may extend a line of credit to a small business, especially if the business is stable. Banks, though, tend to be skittish and won’t lend if there’s even a scent of risk with the company. Internet companies, which have little in the form of assets, for instance may be turned away for bank loans because there isn’t anything to be used as collateral.

During my search for the best investment banking books, I discovered that the publishing industry has divided the genre into several distinct sub-genres, which I'll set out here: Hybrid securities: Most of what investment banks sell can be classified as either debt or equity. But some securities take on traits of both, or are an interesting spin on both. One example is preferred shares, which give investors an income stream that’s higher than what’s paid on the regular equity. But preferred shares don’t come with as high a claim to assets as bonds, and this income stream can be suspended by the company if it chooses. Another part of the front office is the part of the business involved in conducting research on companies. The front office often employs sell-side analysts, whose job it is to closely monitor companies and industries and produce reports used by large investors trying to decide whether to buy or sell particular securities.Typically, investment banking is a pretty heady topic that’s discussed in MBA classes or in important-sounding books with long and intimidating titles. But in Investment Banking For Dummies, we break down the topic into understandable pieces. Seven figure bonuses, generous expense accounts and adrenaline-filled trading sessions. All of these come to mind when one thinks about investment banking. I have no doubt that these alone attract thousands of bright graduates into the competitive industry each year. This is especially true for investment banking, where complex concepts and trends continuously evolve. So to succeed in this highly lucrative but competitive industry, you must learn from the best thinkers. This article offers our must-read books for current and aspiring investment bankers. Use these resources to grow your career as a finance professional or an aspiring deal-maker looking to enter the profession.

Conduct mergers and acquisitions: There’s usually a point in time when companies start looking over their shoulders for opportunities. A promising startup with interesting technology may fit nicely with another company’s products. Instead of pouring the money into developing a similar technology, which can be costly and risky, a company may ask its investment bankers to help it buy the company outright.Tip Investment bankers have no shortage of techniques that make their jobs easier. You’ll find those marked with the Tip icon. Example We use this icon when presenting some real-world examples of the concepts that we're discussing. Insiders in the investment banking business use all sorts of terms, some decidedly derogatory, to classify the players in the business. Some classifications that investment banks fall into include the following: Reading this book will show you how these interconnected high-finance organizations create value, manage risk, and influence the financial headlines. As with other books on this list, this text includes case studies and spreadsheet models to allow readers to apply the book’s lessons to real-world- investing and advisory activities. If you are in the process of networking for an entry-level role at an investment bank, we recommend you add this book to your reading list.